Quinte West Real Estate Statistics

Quinte West real estate average sold price in the last 30 days (April 5 - May 4) was $552,201, which is $65,790 (11.9%) higher than the average price of $486,411 in the previous 30 day period (March 6 - April 4), and $80,702 (14.6%) down from the same period 1 year ago ($632,903). Quinte West real estate prices over the last 30 days are also $29,949 (5.4%) higher than the average selling price of $522,252 over the past year.

Quinte West average sold price for homes was $559,346 in the last 30 days (April 5 - May 4), which is $68,683 (12.3%) up from the average home price of $490,663 in the previous 30 day period (March 6 - April 4), and $85,550 (15.3%) lower than the same period 1 year ago ($644,896). In the last 30 days Quinte West the average home price was $29,459 (5.3%) higher than the average selling price of $529,887 over the last 12 months.

Average sold price of Quinte West townhouse was $575,250 in the last 30 days (April 5 - May 4), down $44,250 (7.7%) from the average townhome price of $619,500 over the previous 30 days (March 6 - April 4), and $95,250 (16.6%) higher than during to the same period 1 year ago ($480,000). Over the last 30 days the average townhouse price in Quinte West was $91,467 (15.9%) higher compared to the average selling price of $483,783 over the last 12 months.

Average selling price for Quinte West real estate was $552,201 in the last 30 days (April 5 - May 4), which is collectively $2,226 (0.3%) lower than the average asking price of $643,762. This represents an increase of $5,792 (72.2%) compared to $8,018 (1.3%) Sold-Under-Asking price from the previous 30 day period (March 6 - April 4).

The maximum Sold Over/Under Asking ratio in Quinte West during the last 12 months was recorded in August, 2023 with an average of $2,341 over the asking price, while the minimum occurring in January, 2024 with $28,725 below the asking price.

Sales to New Listings Ratio (SNLR) represents the number of sales in relation to new inventory listed over a period of time. SNLR for all property types in Quinte West was 70.5% with 98 properties sold and 91 new properties listed in the past 30 days (April 5 - May 4). This represents an increase from 67.0% recorded during the previous 30 day period (March 6 - April 4), and a decrease from 82.1% compared to the same period one year ago.

Over the the last year the highest SNLR in Quinte West was 2,798.1% recorded in July and the lowest was in January at 49.3%. SNLR of under 40% generally represents the Buyers' Market, while 60% and above - the Sellers' Market, with 40% to 60% range signaling a balanced market.

The Average Days on the Market (DOM) for 98 properties that were successfully sold in Quinte West in the last 30 days (April 5 - May 4) was 25 days, which is 1 days less than 26 days average in the previous 30 day period (March 6 - April 4) and 11 days shorter than during the same period a year ago (36 days).

There were 52 delisted properties in Quinte West, those that got either Expired, Suspended or Terminated over the last 30 days (April 5 - May 4) with an average of 77 days on the market. This is 5 days shorter than the average of 82 days during the previous 30 day period (March 6 - April 4) and 21 days more compared to the same period last year average of 56 days on the market.

52 Quinte West properties that didn't sell stayed on the market 208.0% longer than 98 that sucessfully sold over the last 30 days - 25 days when sold vs 77 days when delisted respectively.

Average Days on the Market in Quinte West over the past 12 months for properties that have sold was 39.0 days, with 72.0 days for those properties that did not sell.

139 new properties were listed on the market in Quinte West in the last 30 days (April 5 - May 4). During the same time 98 properties were sold and 52 listings were removed from the market (Expired, Suspended or Terminated), which represents a decrease in total inventory by 11 properties (or 7.9%).

During the previous 30 day period (March 6 - April 4) there were 91 new properties listed, 61 sold and 27 properties that did not sell and were removed from the market.

Over the past year the busiest month for new listings was April with 130 new properties listed, the slowest - December with 22 new listings and a yearly average of 84 new listings per month.

There were a total of 127 homes listed during the last 30 days (April 5 - May 4), which is 91.4% of all properties listed in Quinte West. This is a 51.2% increase compared with a previous 30 day period (March 6 - April 4) and 101.6% up from the same period a year ago. Over the past year an average of 78 homes are were listed per month.

8 townhomes were listed over the last 30 days (April 5 - May 4) in Quinte West, which is 5.8% of all new real estate inventory. This is a 166.7% more than during the previous 30 day period (March 6 - April 4) and 100.0% increase compared to the same period a year ago. During the last year the average number of townhomes listed stood at 4 a month.

There were a total of 90 homes sold during the last 30 days (April 5 - May 4), which is 91.8% of all properties sold in Quinte West. This is a 63.6% increase compared with a previous 30 day period (March 6 - April 4) and 76.5% up from the same period a year ago. Over the past year an average of 316 homes are were sold per month.

4 townhomes were sold over the last 30 days (April 5 - May 4) in Quinte West, which is 4.1% of all sold real estate. This is a 100.0% more than during the previous 30 day period (March 6 - April 4) and 0.0% decrease compared to the same period a year ago. During the last year the average number of townhomes sold stood at 21 a month.